$HOUSING - The US housing market is underbuilt and undersupplied, suggesting a long-term bullish outlook for the sector.
$MORTGAGESERVICERS - Mortgage servicers have improved their capabilities since the 2008 financial crisis, potentially positioning them better to handle market stress.
$NERE - Northeastern real estate markets show potential strength due to falling inventories, in contrast to other regions.
Bearish:
$HOMEBUILDERS - Near-term headwinds for homebuilders due to a 7% year-over-year decline in housing starts, despite long-term undersupply in the market.
$SORE - Southern real estate markets, particularly in Florida and Texas, are experiencing steep increases in inventory, potentially indicating weakness.